Description

This analysis provides a forecast of EGLD prices using a Seasonal ARIMA model with Box-Cox transformation. The forecast includes different scenarios:

The confidence levels used are 68%, 95%, and 99.7%, which means there is a corresponding probability that the actual price will fall within the Bear and Bull case range for each confidence level.

The purpose of this model is to help investors understand potential future price movements and make informed decisions based on different market scenarios.

Bear_0.997 Bear_0.95 Bear_0.68 Base Bull_0.68 Bull_0.95 Bull_0.997
2024-10-06 17.567580 20.037422 22.734037 25.897581 29.508520 33.503228 38.260152
2024-10-13 13.987438 17.175482 20.921167 25.649876 31.466120 38.394221 47.286255
2024-10-20 11.044681 14.494085 18.823895 24.664780 32.351926 42.143602 55.597462
2024-10-27 8.991679 12.556882 17.317772 24.152517 33.738286 46.743821 65.800881
2024-11-03 7.715862 11.430751 16.692079 24.706566 36.650027 53.861567 80.684590
2024-11-10 6.761350 10.595571 16.338613 25.595944 40.214823 62.532936 99.431395
2024-11-17 5.797382 9.581838 15.559430 25.726940 42.693696 70.059956 117.931317
2024-11-24 4.806467 8.354222 14.246555 24.792937 43.337799 74.853424 133.027238
2024-12-01 4.005940 7.304186 13.050180 23.846438 43.803226 79.453926 148.735481
2024-12-08 3.458409 6.601641 12.334086 23.618959 45.505022 86.525546 170.297228
2024-12-15 3.056779 6.097000 11.890348 23.817439 48.042042 95.593736 197.462726
2024-12-22 2.686685 5.588099 11.353424 23.741957 50.040389 104.000264 225.029406
2024-12-29 2.445329 5.308459 11.246495 24.577696 54.187877 117.766280 267.260015
2025-01-05 2.168907 4.905722 10.819856 24.668827 56.799220 128.875834 306.250796
2025-01-12 1.872517 4.404967 10.096936 23.975028 57.547869 136.093911 338.050170
2025-01-19 1.649086 4.029400 9.586721 23.676937 59.172773 145.675009 377.766423
2025-01-26 1.517770 3.849092 9.498792 24.384209 63.407696 162.401572 439.398371
2025-02-02 1.417065 3.726053 9.528291 25.398545 68.652240 182.761119 515.429450
2025-02-09 1.288066 3.506190 9.277134 25.638735 71.926507 198.724574 583.282110
2025-02-16 1.127205 3.171082 8.667458 24.793029 72.065775 206.301481 629.088853
2025-02-23 0.986978 2.866477 8.085135 23.911975 71.937920 213.153539 674.555997
2025-03-02 0.890841 2.669555 7.766196 23.735713 73.870365 226.445150 743.363954
2025-03-09 0.819780 2.533135 7.596239 23.977002 77.148963 244.532217 832.221994